Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that its solar modules were used to build the largest solar power plant in Malaysia. The deal was done through its business wing, Yingli Green Energy Singapore Company Pte. Ltd. The project undertaken by Amcorp Power Sdn. Bhd is situated in the Gemas, Negri Sembilan region of Malaysia. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -14.40% and weekly performance is 20.14%. On last trading day company shares ended up $3.52. Analysts mean target price for the company is $5.63. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is 1.80%.
On 13 JUNE GT Advanced Technologies Inc (NASDAQ:GTAT) announced that the company entered into agreement with Qatar Solar Energy for supplying its HiCz(TM) 200 furnaces for latter’s integrated PV manufacturing project in Doha. The supply agreement is however dependent on the Qatar Solar Energy’s receipt of government approvals as well as financing. After all this, GT will start receiving the equipment orders. GT Advanced Technologies Inc (NASDAQ:GTAT) shares advanced 2.24% in last trading session and ended the day on $18.73. GTAT Gross Margin is 30.60% and its return on assets is -10.10%. GT Advanced Technologies Inc (NASDAQ:GTAT) quarterly performance is 9.21%.
SunPower Corporation (NASDAQ:SPWR) the second largest U.S. solar-panel maker, saw its shares rally after the company said it closed on a $200 million loan program to fund residential solar projects over the next two years. SunPower Corporation (NASDAQ:SPWR) shares moved up 8.07% in last trading session and was closed at $38.56, while trading in range of $35.65 – $38.63. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is 29.35%.
Trina Solar Limited (ADR) (NYSE:TSL) announced it was selected to supply 23MW of PV modules to Linuo Solar Power Co., Ltd. (“Linuo Power”)’s distributed generation (“DG”) solar project located in China’s Shandong province. Trina Solar Limited (ADR) (NYSE:TSL) ended the last trading day at $12.08. Company weekly volatility is calculated as 4.72% and price to cash ratio as 2.09. Trina Solar Limited (ADR) (NYSE:TSL) showed a positive weekly performance of 7.57%.
On 29 MAY SolarCity Corp (NASDAQ:SCTY) said it is now teaming up with Groupon Inc. to form one of the first online offers of its kind for solar systems, a new way to sign up more customers in the increasingly competitive rooftop solar market. SolarCity Corp (NASDAQ:SCTY) net profit margin is -19.70% and weekly performance is 10.60%. On last trading day company shares ended up $54.88. Analysts mean target price for the company is $80.50. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is 2.91%.